240 20TH AVE S Active Save Request In-Person Tour Request Virtual Tour
Saint Petersburg,FL 33705
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,623 sqft
Price per Sqft $560
Subdivision Rouslynn
MLS Listing ID U8252583
Bedrooms 2
HOA Y/N No
Originating Board Stellar MLS
Year Built 1939
Annual Tax Amount $5,135
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50x140
Property Description
This quadruplex in the heart of the Old Southeast consists of two buildings with two units each, ample storage space and parking, a well-manicured front lawn and common area, and street and ally access. The front building holds two 1/1’s, each with a separate entrance, and the back building holds two very large storage spaces on the first floor and two studios on the second. The back building grants access to each unit via two outdoor staircases, and a shared indoor staircase. All units have been well maintained and are rented to long term tenants at market rates, reducing the need to increase rents or negotiate new leases. Each unit has been meticulously well maintained, with a mix of refurbished hardwood floors and tile. The roof of the front building was replaced in 2023, and the pluming has been maintained and replaced as needed.
The property also sits on the brick lined streets of the Old Southeast, a quiet, upscale neighborhood just south of downtown, and within an easy walk to Lassing Park – a public waterfront park and beach. It is also only two miles from Downtown St. Pete, a mile from USF St Pete Campus, and two miles from Tropicana Field.
Nearby development includes the 4th Street Townhomes (10 residential units), Lake Maggiore Apartments (330 residential units), Coquina Key Plaza (456 residential units and 20,817 SF of retail), and the new Arc Invest headquarters that is kicking off St. Pete’s new Innovation District along 4th Street.
With long term tenants in place, well maintained units, and market rents, this is a true turn-key St. Pete Multifamily investment.
Location
State FL
County Pinellas
Community Rouslynn
Direction S
Interior
Interior Features Other
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Laundry None,Other
Exterior
Exterior Feature Courtyard,Garden,Sidewalk
Garage Spaces 2.0
Utilities Available Electricity Connected,Public,Sewer Connected,Water Connected
Waterfront false
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None